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Feb 26, 2014
02/14
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neil: whenever with these deficits now in the dollar more that we spent with ever greasy with the deficits many argue this is the call before the benefits storm? >> there are two ways. one is mandatory spending with medicare and medicaid and social security in obamacare. second, we could have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need what you say those. >> but these are the facts the president to stop want to change the mandatory spending program. he does not want pro-growth tax reform failed wanted to have another government shutdown so what republicans had to do was a precautionary measure to stop the administratiin with their madness. it is the least of the bad options. neil: but you will give bin to take a mile and with all the new spending initiatives precisely because they have your number in baking keep spending because you were on the midterm election emprise then you will eventually do the things you wanted in the meantime isin
neil: whenever with these deficits now in the dollar more that we spent with ever greasy with the deficits many argue this is the call before the benefits storm? >> there are two ways. one is mandatory spending with medicare and medicaid and social security in obamacare. second, we could have pro-growth tax reform and a structure to allow the economy to grow. neil: your party is good at playing these games that does little to sign onto the debt ceiling increase. on and on rigo. you need...
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Feb 27, 2014
02/14
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let's start with the incredible deficit and the size of government. >> we have a tax problem and a spendi problem. and it basically came to a grounding al. lou: what are you going to do about lois lerr? dirty have the attorney general in contempt. what are you going to do a former senior irs offcial? he's basically told you guys to buzz off. i have a bill, hrr 1950 that iminalizes this action. lou: retroactively? >> the questio is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligentlto hold these people accountable to make re this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think you know that. you and your committee have done brilliant work. i do think th
let's start with the incredible deficit and the size of government. >> we have a tax problem and a spendi problem. and it basically came to a grounding al. lou: what are you going to do about lois lerr? dirty have the attorney general in contempt. what are you going to do a former senior irs offcial? he's basically told you guys to buzz off. i have a bill, hrr 1950 that iminalizes this action. lou: retroactively? >> the questio is what are you going to do about lois lerner who has...
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Mar 4, 2014
03/14
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BLOOMBERG
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within 10 years we will have a deficit large enough that it is above the safety line and headed north. that gdp headed north. interest payments that are bigger than pentagon spending. that happenshing quickly and harms the constituency and economy. there is a case for doing this on a political and policy ground. >> a lot to be discussed in the coming weeks. thank you. douglas holtz aegon and the committee for the responsible budget. you are sticking with us. more of my interview with senator john mccain. he tells me why he thinks the president is under animate -- underestimating vladimir putin. ♪ >> if we deteriorate and that will have ramifications in terms of economic activity. it getsely hope resolved. >> sergio marchionne, chrysler chairman and ceo. really chairman of fiat. talking about a situation in the ukraine. bad thise question how could be for business. >> he is saying it could be bad. i doubt they sell that many cars in the ukraine. i think the general concern is will it undermine the overall economy? ifi think his point is that it broke into a full-scale world war, it w
within 10 years we will have a deficit large enough that it is above the safety line and headed north. that gdp headed north. interest payments that are bigger than pentagon spending. that happenshing quickly and harms the constituency and economy. there is a case for doing this on a political and policy ground. >> a lot to be discussed in the coming weeks. thank you. douglas holtz aegon and the committee for the responsible budget. you are sticking with us. more of my interview with...
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Feb 27, 2014
02/14
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FBC
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let's start with the incredible deficit and the size of government. >> we have a tax problem and a spending problem. and it basically came to a grounding all. lou: what are you going to do about lois lerner? dirty have the attorney general in contempt. what are you going to do a former senior irs official? he's basically told you guys to buzz off. i have a bill, hr 1950 that criminalizes this action. lou: retroactively? >> the question is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligently to hold these people accountable to make sure this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think you know that. you and your committee have done brilliant work. i d
let's start with the incredible deficit and the size of government. >> we have a tax problem and a spending problem. and it basically came to a grounding all. lou: what are you going to do about lois lerner? dirty have the attorney general in contempt. what are you going to do a former senior irs official? he's basically told you guys to buzz off. i have a bill, hr 1950 that criminalizes this action. lou: retroactively? >> the question is what are you going to do about lois lerner...
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Mar 4, 2014
03/14
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president obama blew through those deficits. he had in excess of trillion dollar deficits year after year. what the republicans were able to do in the house is not continue that level of trajectory. has spending gone up? it absolutely has. but the level has slowed down and -- >> i get the feeling, congresswoman, maybe not you in particular, a lot of your party are giving up the fight and keeping the powder dry and hoping at the end of the year pick up more seats in the house and maybe take the senate and you bet you that will be the time when republicans get serious. but is that a lot to hang your hat on? >> well, what we need to hang our hat on is boosting the labor force participation rate. we're at the lowest level ever for anyone over age 16 actually having a job in the labor force and in a full-time capacity. that has to change. and unfortunately the president's budget is not a serious budget. it never balances. it doesn't send a signal to the marketplace, neil, that any time soon we're going to change -- see a change in wa
president obama blew through those deficits. he had in excess of trillion dollar deficits year after year. what the republicans were able to do in the house is not continue that level of trajectory. has spending gone up? it absolutely has. but the level has slowed down and -- >> i get the feeling, congresswoman, maybe not you in particular, a lot of your party are giving up the fight and keeping the powder dry and hoping at the end of the year pick up more seats in the house and maybe...
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Mar 4, 2014
03/14
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while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to entitlement programs and the tax code. that would be the best to do for the economy. >> let me ask you quickly before we go, because i think there is this growing consensus and you said you think there can be more that is done on that. give us a sense of where you think that can happen. >> well, i think there's different ways you have to look at income inequality, which is how people are making their money and what's happening after the government's involved, so one of the issues we have to look at is how to have more training, more education, more high skilled workers earning higher wages to begin with, so it's not just things like eitc and
while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to entitlement programs and the tax code. that would be the best to do for...
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Mar 4, 2014
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and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian tree move. >> would you presume that the imf is speaking with russia? ofis there a lack communication there? >> certainly, they are members and are represented at the executive board my and executive director. i am sure that there is communication. but the important point here is the technical analysis of what is needed to put ukrainian economic policy in a sustainable and positive mode. then to arrange the financing necessary to make the implementation practical. you so much.k greatly appreciate that from our washington news bureau this morning. really talking about the clamps that have to be placed down in the process. >> w
and results in a very large balance of payments deficit. these have to be fixed. they are fixable. that is the first order of business. >> imf headlines? >> this is from the u.s. treasury, announcing their assistance plans, the $1 billion loan guarantee is planned and they plan to send technical advisers to the ukraine, saying the treasury will be at the center of international aid and the plan will live to the russian tree move. >> would you presume that the imf is speaking...
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Mar 4, 2014
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at a time when i deficit has been cut in half. it allows us to meet our obligations to future generations. from the heard president, deficit picture is looking better. much so that levels will be below where they were before the budget crisis. >> how do republicans react to away from the emphasis on deficit reduction act out >? >> john baeder came out and said that this was the most irresponsible budget yet of the obama has proposed. the president laster put out an all french to republicans and said he was willing to make changes to social security, medicare and other entitlement programs. those are all gone this year. for republicans to look at these budgets in the lines of what the established last year in terms of topline numbers under the agreement, this budget is something that will not move in the house of republicans. are viewed asts more of political documents as opposed to policy proposals. >> that really is right. especially this year. yep midterms coming up in november. the white house wanted to lay out policy prioritie
at a time when i deficit has been cut in half. it allows us to meet our obligations to future generations. from the heard president, deficit picture is looking better. much so that levels will be below where they were before the budget crisis. >> how do republicans react to away from the emphasis on deficit reduction act out >? >> john baeder came out and said that this was the most irresponsible budget yet of the obama has proposed. the president laster put out an all french to...
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Mar 5, 2014
03/14
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in fiscal year 2009, we achieved a high deficit watermark of $1.4 trillion. that number fell to a still high $680 billion in fiscal year 2013. of the $736 billion of deficit reduction over that five-year span, $670 billion came from increased revenue or taxes and only $66 billion came from reduced outlays. so in terms of budget realizations, rather than promises for the future, less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came from increased revenue. yet the mantra from the administration continues: more revenue and higher taxes along with ever-more spending. one can only wonder where job creation falls into the mix, if it does at all. since president obama came into office, we've heard a lot of talk about his laser-like focus on job creation. however, the record of this administration suggests that this focus is more on growing government than on growing our economy. we've seen the failed stimulus, obamacare, and initiatives like dodd-frank, all of which have expanded the size and scope of th
in fiscal year 2009, we achieved a high deficit watermark of $1.4 trillion. that number fell to a still high $680 billion in fiscal year 2013. of the $736 billion of deficit reduction over that five-year span, $670 billion came from increased revenue or taxes and only $66 billion came from reduced outlays. so in terms of budget realizations, rather than promises for the future, less than 9% of the deficit reduction between 2009 and 2013 came from reductions in spending. the vast majority came...
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Mar 4, 2014
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interesting to look at and something i picked up that i thought was interesting, look at the deficit and the gdp ratio in the years ahead. that taking into account the entire budget will be put into play. this is not the case and people on both sides say that this is the case. you see the numbers going down 2.3%, the budget to gdp ratio is at precrisis levels. to gdp -- and this goes down $13 billion. nobody expects this budget to be put into place but projections are moving down on the deficit, which is why you see a president who is willing to go out there and talk about new spending ther years when the -- all talk in washington is about cuts. >> thank you, phil mattingly and peter cook, with the latest about the president and the secretary of state. >> we want to make sure we get a final few thoughts with oliver leavitt, who has a big week coming up. day.onal detox t >> national unplug day. i have been working with arianne huffington and i learned something interesting about our constant connections. morning,wake up in the and you start looking at your e-mail and your constantly c
interesting to look at and something i picked up that i thought was interesting, look at the deficit and the gdp ratio in the years ahead. that taking into account the entire budget will be put into play. this is not the case and people on both sides say that this is the case. you see the numbers going down 2.3%, the budget to gdp ratio is at precrisis levels. to gdp -- and this goes down $13 billion. nobody expects this budget to be put into place but projections are moving down on the...
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Mar 3, 2014
03/14
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unfortunately for the president, it's that word "credible" where he has a real deficit. he let putin bring him down the garden path on syria, a country that was supposed to have given up all its kemic am weapons by february but has only given up 11% of them. what accountability have we heard demanded by the president. whether it's ukraine, china, syria, where wherever we see him, he just doesn't have what it takes to be taken seriously by foreign leaders. >> is he credible? what do you think? >> i think he's more than credible. for example, if you go back and look at 208 when russia went into georgia, we did nothing. that was at the height of our involvement in iraq and afghanistan. he's got the international community to put sanctions. these aren't going to be the treasury. these have to be international sanctions. nobody, even the harshest critic, wants to put boots on the ground. >> let me give you an example of why i think the credibility thing is a little bit tricky. look at what the president said at one point today. it's remarkable. >> one thing right away is to w
unfortunately for the president, it's that word "credible" where he has a real deficit. he let putin bring him down the garden path on syria, a country that was supposed to have given up all its kemic am weapons by february but has only given up 11% of them. what accountability have we heard demanded by the president. whether it's ukraine, china, syria, where wherever we see him, he just doesn't have what it takes to be taken seriously by foreign leaders. >> is he credible? what...
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generations without leaving them a mountain of debt. >> woodruff: the 2015 deficit would decline, to $560 billion, but republicans today said the red ink, spending hikes and tax increases mean the plan is dead on arrival. senate minority leader mitch mcconnell. >> rather than put together a constructive blueprint the two parties could use as a jumping off point, to get our economy moving and our fiscal house in order, the president has once again opted for the political stunt for a budget that's more about firing up the base in an election year than about solving the nation's biggest and most persistent long-term challenges >> woodruff: congressman paul ryan, the house budget chair, likewise called the obama plan a disappointment. in a statement, he said: >> woodruff: ryan offered an extensive critique yesterday of federal anti-poverty efforts. he's expected to release a republican budget proposal in the coming weeks. >> woodruff: some of the more notable pieces of the president's proposal, and expected to show up in the republican alternative, are the different approaches to poverty
generations without leaving them a mountain of debt. >> woodruff: the 2015 deficit would decline, to $560 billion, but republicans today said the red ink, spending hikes and tax increases mean the plan is dead on arrival. senate minority leader mitch mcconnell. >> rather than put together a constructive blueprint the two parties could use as a jumping off point, to get our economy moving and our fiscal house in order, the president has once again opted for the political stunt for a...
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Mar 1, 2014
03/14
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areas that came about because of legislation that the congress passed last year to address the chronic deficits in the national flood insurance program. they are sort of undoing their work to provide some relief. on the energy bill, the house is going to be taking up among other things a measure that would restrict the epa's restriction of carbon emissions by coal powered power plants. this is a big change in utilities. it would require any epa carbon solution limits to be based on existing technology. it is going to be a theme this week. there'll be several energy bills, just like there was a theme this last week about .xcessive regulation >> atrial bettelheim with cq roll call, we think you for your look ahead. as always, sir, thanks for your time. >> my pleasure. thanks. told both ase students and as a nation in terms of popular imagination is that there are all kinds of citizens and marches and demonstrations that occur. but they are really done by these famous, iconic people. basically, rosa parks, who was just so tired that she refused to get up from the bus in montgomery, alabama, and sp
areas that came about because of legislation that the congress passed last year to address the chronic deficits in the national flood insurance program. they are sort of undoing their work to provide some relief. on the energy bill, the house is going to be taking up among other things a measure that would restrict the epa's restriction of carbon emissions by coal powered power plants. this is a big change in utilities. it would require any epa carbon solution limits to be based on existing...
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Mar 4, 2014
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taxes $1.7 trillion, this would be an additional tax increase to largely pay for new spending and not deficit reduction. the top republican on the senate budget committee says he wants to know when the president is going to get serious. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it. in that it projects that we're going to raise taxes another $1.75 trillion. >> house budget chairman paul ryan said the president's budget is not a serious document. it is a campaign brochure. and aides say the soon to be le balance. >> mike emanuel live on the hill, thank you. >>> still ahead, what is the ukraine crisis doing to the u.s. space program. >>> first, the primary season kicks off in texas. it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb
taxes $1.7 trillion, this would be an additional tax increase to largely pay for new spending and not deficit reduction. the top republican on the senate budget committee says he wants to know when the president is going to get serious. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it. in that it projects that we're going to raise taxes another $1.75 trillion. >> house budget chairman paul ryan said the...
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Mar 3, 2014
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you took a state a lot of people felt was ungovernable, chiefly because of the budget deficit and now there's a surplus. is there a national leadership lesson that california provide? >> you've got to be tough on spending. at the end of the day, fiscal discipline is the fundamental predicate of a free society. and you just have to maintain that. secondly, you do have to find a way to create a governing consensus or coalition. in california, we do have a majority democratic party. and we don't have the any constitutional blocking points like the 60-vote requirement in the senate or the division of parties in the house between the house and the senate. >> it is interesting, is there a lesson for president obama no matter how liberal you are, you said, here the president's about to present a budget where he's saying look, the deficits are coming down for now. we've got to spend more. we're only going to get the economy going in a meaningful way if we spend more on infrastructure and the loo i can. >> yeah, spend more but in the framework of adjusting your long-term liabilities so we're i
you took a state a lot of people felt was ungovernable, chiefly because of the budget deficit and now there's a surplus. is there a national leadership lesson that california provide? >> you've got to be tough on spending. at the end of the day, fiscal discipline is the fundamental predicate of a free society. and you just have to maintain that. secondly, you do have to find a way to create a governing consensus or coalition. in california, we do have a majority democratic party. and we...
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Feb 27, 2014
02/14
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today we're gonna talk about the most controversial medical issue of our time, attention deficit disorder,
today we're gonna talk about the most controversial medical issue of our time, attention deficit disorder,
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at a time when our deficit has been cut in half, it laos us to meet our obligation to future generations without leaving them a mountain of debt. >> budget also did he vote money for highways and roadways. >> republicans have a different view on spending priorities and debt. what are they saying? >> john boehner calling it perhaps the president's most irresponsible budget ever. paul ryan says it isn't a serious document, it is a campaign brochure. ryan is working on a budget of his own which is expected to take a look at poverty programs noting some work, others don't. as for the president's blueprint, the top republican on the senate budget committee blasted it. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it, it projects we're going to raise another 1.75 trillion. the last two budgets proposed an increase of a trillion dollars in taxes. this would almost tunnel the amount of tax increase. >> republicans say the president's plan spends, borrows, and taxes too much, gretchen. >> thanks. >>> fox news alert, h
at a time when our deficit has been cut in half, it laos us to meet our obligation to future generations without leaving them a mountain of debt. >> budget also did he vote money for highways and roadways. >> republicans have a different view on spending priorities and debt. what are they saying? >> john boehner calling it perhaps the president's most irresponsible budget ever. paul ryan says it isn't a serious document, it is a campaign brochure. ryan is working on a budget...
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Mar 2, 2014
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on the hill, folks in the white house can work together to improve the bottom loin when it comes to deficits and spending and taxes and cutting? well, i've read that senator patti murray said the senate will not produce a budget in response to the president's proposal. .i've read that the president's budget is going to largely ignore some of the common ground to fix entitlement programs and the like and be more of a gain document that he and his fellow democrats can run on in november. that's a terrible disservice. this country continues to spend a lot more money than we're bringing in the door. debt continues to rack up. medicare and social security continue to be on an unsustainable path. and the president, the person who is supposed to be in charge of the executive branch of government continues to campaign. but he's not going to be on the battle again. so to say it's a disappointment is a profound understatement. >> all right. senator john cornyn, sir, thank you for your time today. >> thanks, shannon. >>> the situation in ukraine developing minutes by minutes. russian soldiers we're tol
on the hill, folks in the white house can work together to improve the bottom loin when it comes to deficits and spending and taxes and cutting? well, i've read that senator patti murray said the senate will not produce a budget in response to the president's proposal. .i've read that the president's budget is going to largely ignore some of the common ground to fix entitlement programs and the like and be more of a gain document that he and his fellow democrats can run on in november. that's a...
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so still a severe rainfall deficit. and here's wonderful cell phone video of a double rainbow yesterday near morgan hill. isn't that beautiful? we'll probably see rainbows tomorrow, too. high temperatures tomorrow, mainly in the mid to upper 60s inland and around the bay. the next seven days will bring usa rain again on thursday. warm weather friday and saturday. we advance clocks ahead saturday to spring forward to daylight saving time for sunday. dan? >> thank you very much. >>> boy, it's coming down. >> it is. >> thank you, sir. >>> mike schuman is in with sport and good news for 49ers fans. >> reporter: that's right, nfl teams gearing up for free agriculture. and today they were at the q. >>> and ron bolden back in the >>> and ron bolden back in the safeway presents real big deals of the week. or how to find big savings on the things you need. just make a straight line to safeway. your club card gets you deals you can't find anywhere else. right now, breakfast is on. oscar mayer bacon is only $3.99. rise and shine w
so still a severe rainfall deficit. and here's wonderful cell phone video of a double rainbow yesterday near morgan hill. isn't that beautiful? we'll probably see rainbows tomorrow, too. high temperatures tomorrow, mainly in the mid to upper 60s inland and around the bay. the next seven days will bring usa rain again on thursday. warm weather friday and saturday. we advance clocks ahead saturday to spring forward to daylight saving time for sunday. dan? >> thank you very much....
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at a time when our deficits are falling at the fastest rate in 60 years we have to decide if we're going to keep squeezing the middle class or reduce deficits responsibly while taking steps to grow the middle class. >> that was president obama outlining his $4 trillion budget for 2015 setting the stage for another budget fight. it calls for growing are the tax expansion. the president says he's paying for all of this by closing loopholes, one of which is wall street's favorite loophole which allows hedge fund managers to count their investments as income instead of capital gains. many think it faces a long road because of republicans in the house. to walk us through the budget battle, jimmy williams, an opinion writer for u.s. news.com and an msnbc contributor. how are you? >> how are you, hello. >> i want to start with one of the more important things which is that child care tax credit. this is big for people. when you look at the numbers from the white house, you're talking about well over 1.5 million people effected, $600 for a lot of folks with children under five years old. my view
at a time when our deficits are falling at the fastest rate in 60 years we have to decide if we're going to keep squeezing the middle class or reduce deficits responsibly while taking steps to grow the middle class. >> that was president obama outlining his $4 trillion budget for 2015 setting the stage for another budget fight. it calls for growing are the tax expansion. the president says he's paying for all of this by closing loopholes, one of which is wall street's favorite loophole...
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more debt, higher deficits, rob our children blind and you're all in support of it? >> it's not that i'm in support of it let's talk about what it really is. the numbers already been decided. that was the whole partisan thing that happened a few months ago, what we're going to quick et over is how that money's going to be divided. >> we're going to gut defense. >> you may have heard that it's an election year. is it at all possible that this is an election budget that every one of us knows is never going through? >> we're going to rob our children? >> no, we're not. >> it's not going to happen. >> you know it's not going to happen. >> it's an election year. fudge it. >> i concede the point counselor. >> good night, folks. >> i concede that point, it's not going to happen, the fact that he wants it. didn't we learn? sl. >> he doesn't want it, congress wants it. >> everyone in congress has to run in november, it's a democratic budget p. >> why do they waste our time in. >> that's how politics works. you don't think the republicans do it when they're in the white house?
more debt, higher deficits, rob our children blind and you're all in support of it? >> it's not that i'm in support of it let's talk about what it really is. the numbers already been decided. that was the whole partisan thing that happened a few months ago, what we're going to quick et over is how that money's going to be divided. >> we're going to gut defense. >> you may have heard that it's an election year. is it at all possible that this is an election budget that every...
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away from it some years ago equally the government it runs a six point five billion roughly dollar deficit every year in other words it spends more than it brings in in taxes problem with that is the i.m.f. are going to demand that they get their hoist in order they're going to have to bring in austerity they're going to be grinding measures to make sure that the government actually operates in a logical reasonable trustworthy and non-corrupt fashion dops not going to appeal to a lot of oligarchs and it's certainly not going to appeal to ordinary people who are going to see their real standard of living collapse and not leaves us exactly at the point where for months on we're no better off in terms of the ukrainian situation because there's no easy way out which was why mr young the coverts refused to sign up to the i.m.f. package. all right well you mention the word astaire again we talk about a syria of course we know that it's the people it's the locals who bear the brunt of all the us tyranny measures speaking about the domestic situation ukraine and specifically the tariffs in househo
away from it some years ago equally the government it runs a six point five billion roughly dollar deficit every year in other words it spends more than it brings in in taxes problem with that is the i.m.f. are going to demand that they get their hoist in order they're going to have to bring in austerity they're going to be grinding measures to make sure that the government actually operates in a logical reasonable trustworthy and non-corrupt fashion dops not going to appeal to a lot of...
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, could be described as a party that talks about saving money all the time and being concerned with deficits and being totally driven by that but not being concerned in saving money when people are in jail for marijuana and mandatory minimums that judges have said were awful and for nonviolent first time offenders serving lifetime sentences in jail costing us $30,000 a year. >> comcast is running this ad in new jersey where medical marijuana is legal. >> yo, you want sushi? i got sushi. i got tuna, salmon, sweet shrimp. i got the finest this area has seen in years. >> you wouldn't buy your sushi from this guy so why would you buy your marijuana from him? >> did i mention that it's national pancake day. marijuana, pancakes, sushi. >>> benjamin netanyahu stirred up controversial and joining me to talk, comedian and "daily beast" columnist and friend of the show, dean ovadala. let's start with pot. marijuana has been huge this year and the pot jokes are a gold mine, i'm sure, for your profession as a political comedian. >> on some level it is but i think we've jumped the shark on pot. when pat
, could be described as a party that talks about saving money all the time and being concerned with deficits and being totally driven by that but not being concerned in saving money when people are in jail for marijuana and mandatory minimums that judges have said were awful and for nonviolent first time offenders serving lifetime sentences in jail costing us $30,000 a year. >> comcast is running this ad in new jersey where medical marijuana is legal. >> yo, you want sushi? i got...
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loophole, we can help create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> the president also wants to expand the earned income tax credit for the working poor without children. his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely. >>> global markets are rebounding today as investors digest the situation in ukraine. even the dow jones flew out of the gate this morning. alison kosik is over at the new york stock exchange. how much have we bounced back today? >> quite a bit. what a difference a day makes. even the s&p 500 at a record high. the dow up 200 points, 205 points. all 30 stocks in the dow are in the green. very different story yesterday. it was a sea of red. we also saw that turn-around happening overseas, all the way -- there were those down arrows we saw yesterday in europe, asia, russia, they all turned up today. analysts say investors toda
loophole, we can help create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> the president also wants to expand the earned income tax credit for the working poor without children. his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely....
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those two things and some others have resulted in the deficit coming down considerably. it is projected at 3.1% of gdp. it is way down. it was over 9%. we should step back and recognize that is good progress. you could debate who is responsible, but it is good progress. second, some of the initiatives, let's just take infrastructure, are so vitally needed. both sides agree, it is just how to pay for it. it is not going anywhere. senator johnson is right. it is an election year. this budget will just sit there and not be acted on. >> senator, you are saying it does not address the big issues, which you mentioned, entitlement spending. there were no big numbers around cutting social security or any of those benefits. as i go back to that same anytion though, was there area, though, that you felt there could be some agreement on ? >> nobody is proposing cutting anything. we are trying to limit the rate of growth to the point where we do not extend that to the point where he had a debt crisis. the reason debt is coming down is because we have increased revenue by more than $
those two things and some others have resulted in the deficit coming down considerably. it is projected at 3.1% of gdp. it is way down. it was over 9%. we should step back and recognize that is good progress. you could debate who is responsible, but it is good progress. second, some of the initiatives, let's just take infrastructure, are so vitally needed. both sides agree, it is just how to pay for it. it is not going anywhere. senator johnson is right. it is an election year. this budget will...
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. >> the main problem is the fiscal deficit, representing 4% of g.d.p. the government will have to reduce subsidies, resulting in an increase of drifty and transportation costs. cristina fernandez de kirchner's next move will be to convince trade unions to ask for modest wage increases whon others are sharpening their lives for the elections. >> now to the top story in ukraine and the crisis in crimea. we are able to talk to srca markov, a -- srca mark of, a split scientist and member of the russian parliament. some in the west are accusing russia of overreacting. how do you respond? >> i said the west underreacted in what happened in ukraine. in ukraine you can see the military - they are democratically elected ukrainian president yank are a are -- viktor yanukovych, and they are not able to do it. mostly in the government is someone hated bit the majority of ukrainian people. now you see a revolution in the eastern and regions of ukraine. those regions want to be part of ukraine. they don't recognise who took power in kiev. if russian troops intr the t
. >> the main problem is the fiscal deficit, representing 4% of g.d.p. the government will have to reduce subsidies, resulting in an increase of drifty and transportation costs. cristina fernandez de kirchner's next move will be to convince trade unions to ask for modest wage increases whon others are sharpening their lives for the elections. >> now to the top story in ukraine and the crisis in crimea. we are able to talk to srca markov, a -- srca mark of, a split scientist and...
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. >> yes, what we can see is there is a deficit in theiar in the ae middle frontal cortex of kids who have ptsd. >> brown: in the developing brain of a child, ptsd can discourage learning. >> so the issue we have with chronic stress, it manifests as a ptsd syndrome or disorder is that some of the areas that are affected are areas that we need for our learning. for example, brain centers that process memory, brain centers that process executive function are particularly vulnerable. so ptsd can have an effect in how children learn brown. >> brown: according to carrion, up to 30% of children who live in low-income, high poverty neighborhoods will show symptoms of p.t.s.d. for every child in our school who acts out, i can look to something in their life that's not working. every single time there's a concrete and sad story about why this child doesn't get what they need. >> bring your arms up, put your left leg around your knee. >> brown: by teaching children to pay close attention to breathing and movements, the medical student hopes they're better prepared to concentrate. >> the princip
. >> yes, what we can see is there is a deficit in theiar in the ae middle frontal cortex of kids who have ptsd. >> brown: in the developing brain of a child, ptsd can discourage learning. >> so the issue we have with chronic stress, it manifests as a ptsd syndrome or disorder is that some of the areas that are affected are areas that we need for our learning. for example, brain centers that process memory, brain centers that process executive function are particularly...
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they talk about obsessions with deficits and debt. and then they refuse to raise revenue in any form or fashion. >> advertisement reform with the chained cpi last year. they don't back him when he is trying to do what they say they want to do. >> they predicate their position on ignorance. and nobody actually calling them out. i mean, the sound that you played at the beginning of this segment, that's the -- that's all you need to know about the republican party. on the one hand, on the other hand. and in the meantime, if you ever ask them for a meaningful piece of policy, of governable policy, they have nothing. >> you know the guy's running around a big arena, trying to get to the farthest right. well, they always want to be the hardest rail to the right. take a look at lindsey graham here, who seems oftentimes a reasonable guy, but he is so scared of looking reasonable because it will get him killed in south carolina. on twitter he wrote today, isn't it original? it started with benghazi. when you kill americans and nobody pays a pr
they talk about obsessions with deficits and debt. and then they refuse to raise revenue in any form or fashion. >> advertisement reform with the chained cpi last year. they don't back him when he is trying to do what they say they want to do. >> they predicate their position on ignorance. and nobody actually calling them out. i mean, the sound that you played at the beginning of this segment, that's the -- that's all you need to know about the republican party. on the one hand, on...
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we've cut a lot of money, in part, due to the sequester, and it's led to lowering and lowering the deficit. if you put that in the context of what the budget proposal suggests, it's only a modest increase in spend, talking about 56 billion, like you mentioned, split between defense, nondefense, and it's paid for. we established that the budget agreed to by patty murray and paul ryan, those spending levels stay in place, and you'll use a few other tax hike is to par for $56 billion to relieve s sequestrati sequestration. we have a piece coming up that shows nih will be funded at 30.2 billion. that, in real term money, equivalent to the level that george w. bush funded nih in 2002. we're not making people whole. we're lagging pretty badly. but as if you were to look at what republicans are saying, this is the most reckless spending possible. >> sam, on that note, the president say, our budge it is about choices, about values and this is expected to go nowhere, it's a moral document in the most sort of clear fashion from the white house. at the same time, you know, the president puts this out
we've cut a lot of money, in part, due to the sequester, and it's led to lowering and lowering the deficit. if you put that in the context of what the budget proposal suggests, it's only a modest increase in spend, talking about 56 billion, like you mentioned, split between defense, nondefense, and it's paid for. we established that the budget agreed to by patty murray and paul ryan, those spending levels stay in place, and you'll use a few other tax hike is to par for $56 billion to relieve s...
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he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because we're in an election year and that may be why. it's happening nevertheless. i don't know the reasons but he's moving to the left and it makes it hard to bridge to the gap. >> democrats will say they have tried to extend a hand and have not been reciprocated. >> we have a budget agreement. i want to see us build on that success. >> give me a preview of what the paul ryan budget will look like. in years past a lot of the saving have come from overhauling medicare and medicaid. are those proposals include in the paul ryan 2015 budget. >> those programs are going bankrupt and need to be restored, need to be solvent believe these
he cuts the military greatly in my opinion not for deficit reduction but for more domestic spending. it just shows the priorities have moved farther to the left and the point i'm trying to make here we have three years left of this administration and we have divided government. normally in a situation like that you would try to fine common ground, work forward common ground. he's moving away from that and tacked hard to the left. yes you could say that's because we're in an election year and...
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loophole we can create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> house budget chairman paul ryan already come out swinging against the plan. yet another disappointment and added the president has three years left in his administration and seems determined to do nothing about our fiscal challenges. that's paul ryan. this budget isn't a serious document he says. will this budget proposal help flagging republican opinion of president obama's track record. we turn now to financeer and former treasury official and cnbc economic analyst steve radener. thank you for being here. >> thanks for having me. >> i wanted to start out with your gut reactions to this. is it the expanded credit for low income workers? >> this is a policy statement of what he believes should happen in the budget, more spending on things like the earned income tax credit which is today's headline but also things like infrastructure and pressing needs. he wanted to put out what he believes in and indeed what the democrats believe in in advance of mid-term elections. >> you have a
loophole we can create jobs and grow the economy and expand opportunity without adding a dime to the deficit. >> house budget chairman paul ryan already come out swinging against the plan. yet another disappointment and added the president has three years left in his administration and seems determined to do nothing about our fiscal challenges. that's paul ryan. this budget isn't a serious document he says. will this budget proposal help flagging republican opinion of president obama's...
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attention deficit disorder and the like. >> thank you, twice. see you next week. >> and on media buzz with howard kurtz comes up next right here on fox news channel. have a great day. >> bye, everybody. >>> on the buzz beater this sunday, joe biden starts dropping hints about running for president no matter what hillary clinton does and gets a warm welcome from the media. >>> for vice president? say thank you. >> oh, i'd love that. >> but is there enough skepticism about biden? he will be 74 at election time and is it fair for pundit toes point out that hillary will turn 69 just before the election? stephen colbert makes fun of me for daring to raise the question. >> i know it's rude to talk about a woman's age, but that's not what i am doing. i am talking about people talking about other people talking about other people talking about a woman's age. that's called journalism. >> nice try, stephen. i'll respond to the libale by this comedian. >>> did he shoot himself in the foot? >>> plus, the latest on how the military is covering media showdown
attention deficit disorder and the like. >> thank you, twice. see you next week. >> and on media buzz with howard kurtz comes up next right here on fox news channel. have a great day. >> bye, everybody. >>> on the buzz beater this sunday, joe biden starts dropping hints about running for president no matter what hillary clinton does and gets a warm welcome from the media. >>> for vice president? say thank you. >> oh, i'd love that. >> but is there...
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the president is going to miss an opportunity to deal with the debt and deficit and entitlement reform and all of those things. this president likes his government super sized. this budget will never balance. and i think the president wants taxpayers to pay more so that washington can spend more >> what i read is he is asking for million in new spending. does that go anywhere? >> i don't think it does. last time he had a budget, not even any of the democrats voted for it. his policies make it harder to get back to work. >> $17.4 trillion is the debt clock. that is ridiculous. in three years from now, you will be $19 trillion? how is that acceptable to anybody? trying balance a book in washington, d.c. >> what we will see is the fastest growing part of the budget is interest on the debt. the president added $6.9 trillion in the debt. this continues to be a driving issue for the country. you know, we are not going to be able to sustain the safety net with this debt and interest. >> i think the viewers get it, too. what other republican options do we have? >> the options are to say let's
the president is going to miss an opportunity to deal with the debt and deficit and entitlement reform and all of those things. this president likes his government super sized. this budget will never balance. and i think the president wants taxpayers to pay more so that washington can spend more >> what i read is he is asking for million in new spending. does that go anywhere? >> i don't think it does. last time he had a budget, not even any of the democrats voted for it. his...
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. >> defense is going down because the defect -- deficit. >> what you are asking for is very reasonable in terms of this and 56nal $26 billion billion dollars overall for defense and nondefense. forill be given the pay from the administration the next few weeks. many of us have them that are perfectly reasonable. we pay for what we need to do as a country including closing some of these loopholes which are egregious. these offshore tax loopholes, that allow the most profitable corporations in the world to avoid paying taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the leap the administration has given us on this budget and fund the full 56 billion
. >> defense is going down because the defect -- deficit. >> what you are asking for is very reasonable in terms of this and 56nal $26 billion billion dollars overall for defense and nondefense. forill be given the pay from the administration the next few weeks. many of us have them that are perfectly reasonable. we pay for what we need to do as a country including closing some of these loopholes which are egregious. these offshore tax loopholes, that allow the most profitable...
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the severe drought in that state is far from over, the rain at least is a down payment on a severe deficit. the storm brought heavy surf, including a huge wave that crashed into a restaurant in santa barbara yesterday morning. to the south, residents were cleaning up today from flooding and mudflows in the los angeles area. that dropped anywhere from a couple of ifnches to almost a foot of rain on the state. >>> when "nbc nightly news" continues on this sunday, was it murder, or was it an accident? the trial of former olympian oscar pistorius gets under way in south africa. >>> and later, a royal road trip. the first for britain's newest little prince. >>> he is one of his country's greatest athletes, a symbol of triumph over adversity that carried oscar pistorius with his artificial legs all the way to the olympics two summers ago, representing south africa. but tomorrow he faces what perhaps will be his greatest challenge as he goes on trial, charged with murdering his girlfriend. our report tonight from nbc's ayman mohyeldin in pretoria. >> reporter: it's being called south africa's atr
the severe drought in that state is far from over, the rain at least is a down payment on a severe deficit. the storm brought heavy surf, including a huge wave that crashed into a restaurant in santa barbara yesterday morning. to the south, residents were cleaning up today from flooding and mudflows in the los angeles area. that dropped anywhere from a couple of ifnches to almost a foot of rain on the state. >>> when "nbc nightly news" continues on this sunday, was it murder,...
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by taking that out, they will lose 230 billion or so in deficit reduction. already we know one of the ways will be assuming the senate passes and immigration overall. go much does that cost you these are the kinds of things we will be looking for. perhaps the least effective budgets we have seen in years because congress are it has a toplines appropriations number for this year. they are are ready holding hearings. this is entitlement overhaul out of the midterm. how is the budget actually released today, and to are the surrogates that the white house is sending to capitol hill over the next coming days to talk about the president spending plan? 11:30.we will see it at it used to be they handed out copies to the press but that has been curtailed. theave been told that historical perspective volume, usually an interesting economic here this week, will have the main budget all human independent, they will be available at 11:30 and then a noontime press conference. andell from west virginia pretty much well-liked on all sides of the aisle will be going to the h
by taking that out, they will lose 230 billion or so in deficit reduction. already we know one of the ways will be assuming the senate passes and immigration overall. go much does that cost you these are the kinds of things we will be looking for. perhaps the least effective budgets we have seen in years because congress are it has a toplines appropriations number for this year. they are are ready holding hearings. this is entitlement overhaul out of the midterm. how is the budget actually...
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's slash toidents deficit has been mitigated. on the front page of "the washington post," the republican response. the budget from the republicans will focus on welfare reform. a 204yan will publish page critique, questioning the efficacy of dozens of initiatives and underscoring where republicans say consolidation or spending reductions are needed. democrats line. caller: my name is patrick. i want to talk about the guy that just called talking about the revolt that he wants people to revolt in america. this guy is sitting on his high somewhere,e suburbs eating snickers bars. we are not going to go there. ukraine is a part of russia. it has been a part of russia for the last couple hundred years. we all know that. america, the european union, they have no business in the affairs of russia and ukraine. america needs to clean up its own house before you can go overseas. those folks are fighting for independence. host: that as a last call. we continue on with our discretion about ukraine. josh rogin will join us. later on, how smal
's slash toidents deficit has been mitigated. on the front page of "the washington post," the republican response. the budget from the republicans will focus on welfare reform. a 204yan will publish page critique, questioning the efficacy of dozens of initiatives and underscoring where republicans say consolidation or spending reductions are needed. democrats line. caller: my name is patrick. i want to talk about the guy that just called talking about the revolt that he wants people...
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there is a trust deficit here. when kerry asked if he trusted putin, he said, wolf, there is some value in putin and that's why you keep hearing from u.s. officials they are going to keep watching what russia does this weekend. we know they are watching closely from the air, from the ground to see if the troop movements amount to anything where they go into the country. >> reminds me sort of the worlds of ronald reagan's in the '80s, trust but verify. >> that's right. john kerry says verify, verify, and then verify. >> the situation is tense. jim sciutto, thank you very much. more on the rising tensions in the u.s. but just ahead, former chris christie aides contain new information about the bridscand and they are sparking new outrage. in fact, they depend on a unique set of nutrients. [ male announcer ] that's why there's ocuvite to help protect your eye health. as you age, your eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite is a vitamin made just for your eyes from the eye care
there is a trust deficit here. when kerry asked if he trusted putin, he said, wolf, there is some value in putin and that's why you keep hearing from u.s. officials they are going to keep watching what russia does this weekend. we know they are watching closely from the air, from the ground to see if the troop movements amount to anything where they go into the country. >> reminds me sort of the worlds of ronald reagan's in the '80s, trust but verify. >> that's right. john kerry...
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so, a year in review, in terms of deficit reductions. when the budget came out last year, it was predicted $1.1 trillion. it was 680 in the end. about a $400 billion deficit reduction from 2012 to 2013. then, we have a situation where i think hopefully we've broken the fever on the issues of having conversations about default. >> money that's overseas. are there efforts to bring money overseas permanently back to the states? >> it depends on how one is talking about that. we want to create a system that is clear and that is helpful for our companies to know what they're doing, how they're doing. and not discourage investments from coming back and finances from coming back to the u.s. >> tell me about going from bettenville, arkansas, in the private sector, back to the government. >> walmart is an institution of execution. that is what it is certainly known for. and fortunate to spend time and to be there. coming back to the federal government, certainly, as you reflected, one has to work and work on both sides of the aisle. i go up and d
so, a year in review, in terms of deficit reductions. when the budget came out last year, it was predicted $1.1 trillion. it was 680 in the end. about a $400 billion deficit reduction from 2012 to 2013. then, we have a situation where i think hopefully we've broken the fever on the issues of having conversations about default. >> money that's overseas. are there efforts to bring money overseas permanently back to the states? >> it depends on how one is talking about that. we want to...
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deficit now. the rain today will hopefully keep that ddeficit from buildin not decrease it at all. l low to mid-50s. marrying everybody else except alameda. 57 degrees the warm spot right now. temperatures tomorrow that will be slightly cooler than today. this because of the cold front pushing through and a little wind shift. around 6 0 at the coast. 70, high clouds and sunshine around the bay and inland friday and saturday and low to mid-60s at the coast. more rain is on wait for the back half. weekend. that's coming up in your accuweather seven-day forecast. here's kristen and eric with more news. >>> and the bush dynasty. the win for one of the youngest members of america's best known political family. >>> first, more than 100,000 pieces of mail go up in flames right here in california. this morning, the advice the post office is giving to people who may have lost their letters and packages. >>> and caught on camera. an art thief tries to get eway wi away with a pricey painting but wasn't thinking about a quick-thinking gallery owner. >>> three b.a.r.t. stations shut down in the
deficit now. the rain today will hopefully keep that ddeficit from buildin not decrease it at all. l low to mid-50s. marrying everybody else except alameda. 57 degrees the warm spot right now. temperatures tomorrow that will be slightly cooler than today. this because of the cold front pushing through and a little wind shift. around 6 0 at the coast. 70, high clouds and sunshine around the bay and inland friday and saturday and low to mid-60s at the coast. more rain is on wait for the back...
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the cowboys overcoming a deficit, shooting 64% from the field. the finals 72-65 osu. virginia continues to be one of the surprise teams. they beet syracuse outscoring the orange. celebrating an amazing season on senior day in charles otsville. the cavaliers had the first out right a.c.c. title in 33 years. the orange dropped three of their last four. >> on the links, tiger woods is trying to make noise after barely making the cut at the honda classic. woods beginning the third round it 11 shots behind rory mcilroy. china charged up the board, posting seven birdies. woods jumped 49 spots. seven behind the leader entering the final round. >> finally tempers flare in the english premier league. the manager, al-alan pardew ped butting david meyler. he wassest jected and -- he was ejected and finned $168,000. >> sydney's gay and lesbian community celebrated the mardi grass parade. more than 10,000 watched the spectacle. the australian navy band marched alongside secondly clad dancers. [ ♪ music ] >> crowds filled the streets of rio de janeiro for its mardi gras parties.
the cowboys overcoming a deficit, shooting 64% from the field. the finals 72-65 osu. virginia continues to be one of the surprise teams. they beet syracuse outscoring the orange. celebrating an amazing season on senior day in charles otsville. the cavaliers had the first out right a.c.c. title in 33 years. the orange dropped three of their last four. >> on the links, tiger woods is trying to make noise after barely making the cut at the honda classic. woods beginning the third round it 11...
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their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016 and it will be 531. gee have to look at these numbers. give the president and this administration some credit. i have been pretty tough on them. give them some cd. they did something else. they did something that bass wa positionti positive. but you are never going to give any credit to anybody except the pat on the back at the christmas party. superintendant th isn't that wonderful? >> does this plan raise the age for social security? >> no, sir. >> does it change the measure of inflation for social security? >> so this administration has managed to reduce the deficit in 2013 below bowles simpson to social security. >> so now w
their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016...
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it is deficit neutral. supporting what the president said in the state of the union, there is a series of programs to create jobs. it lays out $302 billion infrastructure proposal that is paid for with pro-growth tax. it strengthens the manufacture base and supports groundbreaking research to fight disease, protect the environment and develop new technology. it enhances the administration's management efforts to deliver a government that is more efficient and supportive of economic growth. and it will expand opportunity for all-americans. it doubles the maximum value of the earned income tax credit to encourage people to enter the workforce. and makes high quality preschool available to every four year old. and drive workforce training. it will focus on the primary drivers of long term debt and deficits. it builds on the forms of the affordable care act and continues to slow health care cost growth while improving the quality. it will curb tax breaks that benefit the wealthiest. it calls for pro-growth immi
it is deficit neutral. supporting what the president said in the state of the union, there is a series of programs to create jobs. it lays out $302 billion infrastructure proposal that is paid for with pro-growth tax. it strengthens the manufacture base and supports groundbreaking research to fight disease, protect the environment and develop new technology. it enhances the administration's management efforts to deliver a government that is more efficient and supportive of economic growth. and...
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difficult steps need to be undertaken to right size gas prices and trim budget deficits, but ukraine should be given a long enough lease so that these necessary reforms don't strangle a nation today dealing with threats to its very existence. second cry me i can't. -- crimea. they have invaded and the very accord they signed guaranteeing crimea's territory. no doubt president putin was sore and no doubt he didn't like the fact that the united states voiced its strong support for the right of a sovereign ukraine to make independent decisions about its future partnerships and no doubt he is infuriated that the ukrainian people are now on their way to getting their way. but this is not a schoolyard. you don't get to push around weaker kids just because you don't like them. this is the 21st century. the reason we belong to organizations like the united nations or the reason we negotiate treaties like the budapest memorandum is because we now understand, after centuries of european war, how destabilizing this kind of behavior is. the irony for russia, of course, is that this invasion demo
difficult steps need to be undertaken to right size gas prices and trim budget deficits, but ukraine should be given a long enough lease so that these necessary reforms don't strangle a nation today dealing with threats to its very existence. second cry me i can't. -- crimea. they have invaded and the very accord they signed guaranteeing crimea's territory. no doubt president putin was sore and no doubt he didn't like the fact that the united states voiced its strong support for the right of a...
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pushing its biggest annual loss since the bailout in 2008. 15 billion-dollar deficit for last year. he calls rbs the industry's least trusted leader, does the ceo. >> the bank. the largest bailout in europe. still owns the vast majority of the bank and is still pulling the strings. >> by the way, wire pros playing in the olympics? >> that is what the nhl is asking -- the players love it. >> the players love it and flagwavers love it, i am not fair -- sure it is fair to college athletes. >> we need to go to the ukraine. we spoke with the new leadership to read good morning. >> good morning. his name is arseniy yatsenyuk, the prime minister designate. inis about it -- to be voted as the interim prime minister of the country for the next few months. parliament is still chewing over this decision. >> how front and center is crimea to the management in kiev? >> very front and center. i was standing in the parliament here in kiev. meanwhile, in the crimea, the parliament had just been seized by a group of about 100 gunmen. i asked the prime minister about that and he said it is the first
pushing its biggest annual loss since the bailout in 2008. 15 billion-dollar deficit for last year. he calls rbs the industry's least trusted leader, does the ceo. >> the bank. the largest bailout in europe. still owns the vast majority of the bank and is still pulling the strings. >> by the way, wire pros playing in the olympics? >> that is what the nhl is asking -- the players love it. >> the players love it and flagwavers love it, i am not fair -- sure it is fair to...